fraud Archives

Ruja Ignatova’s security advisor Frank Schneider is on the run

-

9 June, 2023

Ruja Ignatova’s security advisor Frank Schneider is on the run

Frank Schneider, who previously told 100.7 that if OneCoin "was fraud and money laundering, I must be responsible," was arrested...

Utilizing blockchain for data integrity in the supply chain

Business

Gavin Lucas

-

29 May, 2023

Utilizing blockchain for data integrity in the supply chain

In this article, we examine how blockchains can ensure data integrity in supply chains—giving concrete examples of how things work...

FBI issues warning against fake digital currency jobs in Southeast Asia

Business

Wahid Pessarlay

-

28 May, 2023

FBI issues warning against fake digital currency jobs in Southeast Asia

A May 22 warning from the FBI stated that U.S. citizens risk falling victim to job scams advertised for their...

Las Vegas man faces up to 100 years in jail for $45M digital currency fraud

Business

Wahid Pessarlay

-

23 May, 2023

Las Vegas man faces up to 100 years in jail for $45M digital currency fraud

Prosecutors from the US Department of Justice disclosed that Las Vegas resident Bryan Lee promoted CoinDeal as an investment mechanism...

AI is now in the Philippines: AI Summit PH 2023 Day 2 recap

Business

Cathy Resurreccion

-

19 May, 2023

AI is now in the Philippines: AI Summit PH 2023 Day 2 recap

The second day of the inaugural AI Summit PH 2023 event at Marriot Grand Ballroom focused on fraud, the AI...

French man who bought luxury car with BTC convicted in Morocco

Business

Wahid Pessarlay

-

15 May, 2023

French man who bought luxury car with BTC convicted in Morocco

The Moroccan trial court handed down an 18-month prison sentence on 21-year-old French citizen Thomas Clausi and a steep fine...

UK government bans cold calls for digital asset sales

Business

James Field

-

5 May, 2023

UK government bans cold calls for digital asset sales

On May 3, the U.K. government announced a blanket ban on cold calls selling financial products, including digital assets, which...

OpenSea insider trading case involving digital assets leads to fraud, money laundering convictions

Business

Gavin Lucas

-

5 May, 2023

OpenSea insider trading case involving digital assets leads to fraud, money laundering convictions

The prosecution said Nathaniel Chastain used anonymous accounts to commit fraud and money laundering, resulting in a first-ever conviction of...

Phishing scam via Google search ads stole over $4M from users

Business

Wahid Pessarlay

-

3 May, 2023

Phishing scam via Google search ads stole over $4M from users

The bad actors allegedly pay for Google ads to rank first on search results for several keywords that urge users...

Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme

Business

Wahid Pessarlay

-

2 May, 2023

Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme

South African national Steynberg was charged with the offense of operating a multi-level marketing scheme, which stole over 29,421 BTC...

SPAC ex-CFO gets 3 years in prison over $5M stolen for meme stocks, digital assets trading

Business

Steve Kaaru

-

1 May, 2023

SPAC ex-CFO gets 3 years in prison over $5M stolen for meme stocks, digital assets trading

Cooper Morgenthau is charged with stealing from two SPACs and falsified financial documents, using the money to trade meme stocks...

Miami $4M ‘crypto’ refund scam leader pleads guilty to wire fraud

Business

Wahid Pessarlay

-

29 April, 2023

Miami $4M ‘crypto’ refund scam leader pleads guilty to wire fraud

Esteban Cabrera Da Corte, the man behind the Miami-based syndicate operating a refund scheme, entered a guilty plea that would...

fraud

Recent

Trending

Most Views